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About Source One, a Corcentric Company

Source One has been a leading Procurement Service Provider supplementing client resources with cost reduction, strategic sourcing services and spend management solutions since 1992.

Source One’s experienced sourcing professionals work closely with clients’ in-house staff to reduce spend, optimize existing budgets and increase the efficiency of operations by using proven sourcing and purchasing strategies, best practices, innovative technologies, and an unsurpassed database of market intelligence to help clients achieve the maximum level of savings possible. Ongoing monitoring and monthly audit processes further ensure that savings remain competitive and sustainable.

The Source One process develops a secure and responsive supply base that is capable of providing quality, delivery, costs, technologies, flexibility and services to meet the current and future business needs. Source One has strategic sourcing and cost reduction solutions for businesses of all sizes, from the small to the mid-market and including the Fortune 500. In 2018, Source One was acquired by Corcentric, LLC, a leading provider of accounts payable and finance automation solutions. More on the web at www.SourceOneInc.com

Source One strives to ensure that our clients’ time investment is kept to an absolute minimum. Typically, clients’ staff time commitment amounts to only a few hours at the beginning of an engagement to provide our team with a full understanding of their procurement needs and assisting in the data-gathering process.
Source One’s fee structure is aligned directly to our clients’ strategic interests, so that our earnings are contingent on our ability to achieve real savings. In short, our clients know “we have skin in the game” and they pay us out of actual hard-dollar savings after they are obtained. Furthermore, there are no hidden fees or extra charges. Source One never accepts referral fees, agency fees or commissions from suppliers in order to ensure our clients are getting the best value for their procurement dollar.

Cost Reduction Through Strategic Sourcing

Since 1992, Source One has been a leader in providing cost reduction services through the application of proven strategic sourcing best practices.

Over the years, companies have come up with a lot of terms, from “Procurement Cost Controls”, to the more current “Sourcing Optimization Services”, consulting firms have struggled with branding their businesses to sound better than the competition. Source One doesn’t feel the need to constantly rebrand what we do. We do Strategic Sourcing, it’s all we do.

Procurement News

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